For more than a decade, Graham Holdings Co., the former Washington Post Co., relied on American students at its Kaplan colleges to fuel growth. With for-profit education under siege in the U.S., the future of the rapidly transforming company may lie abroad.

Massachusetts Governor Deval Patrick appointed his former chief of staff, William “Mo” Cowan, to replace John Kerry for five months, making him the only black member of the Democratic Party in the U.S. Senate.